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Singapore Convention on Mediation enters into force

Sep, 12, 2023 Hi-network.com

The UN Convention on International Settlement Agreements Resulting from Mediation (Singapore Convention) has entered into force as of 12 September 2020. Currently signed and ratified by 53 countries, the Singapore Convention aims for businesses to rely on mediation as a dispute resolution option for their cross-border transactions, with greater certainty and assurance that their mediated outcomes are enforceable.

 

 

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